1623 18th Street
About This Property
The open concept floor plan creates a natural flow between the main living spaces, anchored by a fireplace in the living room. Double French doors open from the main living area and kitchen to a large deck, making the home ideal for entertaining both indoors and out. A dedicated wet bar, wine fridge, and two refrigerators elevate the hosting experience, while the kitchen is equipped with a flat-top stove and overhead microwave for everyday efficiency. All bedrooms are generously sized, including a spacious primary suite featuring a large master bedroom and walk in closet. The oversized laundry room adds exceptional functionality with a utility sink, built-in cabinetry, and a wide folding countertop.
The property is well-equipped with full gas service, electric, a lawn pump, a well in the front of the property, and a tankless water heater. For added flexibility, the home includes full RV hookups, making it ideal for recreational use or visiting guests.
A standout feature is the unfinished basement, already stubbed with sewer, plumbing, and electrical, and offering a separate private entrance providing a strong opportunity for an income-producing suite, guest quarters, or multi-generational living.
Whether you're looking for space to entertain, room for hobbies and RV storage, or the opportunity to add a private suite for additional income, this home offers a level of versatility that's increasingly rare in Niceville. Schedule your private showing today and see firsthand how this property can be perfect for your primary and investment goals!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Mar 14, 2026 | Relisted | $375,000 | |
| Relisted | |||
| Mar 1, 2026 | In contract | - | |
| In contract | |||
| Jan 22, 2026 | Listed by ERA American Real Estate | $375,000 | |
| Listed by ERA American Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017